Australis Capital makes strategic cannabis acquisition in Nevada

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) CEO Scott Dowty tells Proactive Investors the cannabis investment firm has increased its stake in cannabis dispensary operator Body and Mind Inc (CSE:BAMM) and acquired cannabis company Green Therapeutics LLC, including its facility in Las Vegas, Nevada.

Dowty adds Aurora Cannabis Inc (NYSE:ACB) will leverage Australis’s infrastructure in Vegas as it relates to the cannabis giant’s newly announced partnership with UFC.